The U.S. Department of Justice has charged Canadian Andrean Medjedovich for hacking attacks on the KyberSwap and Indexed Finance crypto protocols, in which he stole around 65 million dollars. He manipulated the cryptocurrency market by withdrawing funds at artificially lowered prices. After exploiting KyberSwap, Medjedovich offered a fake agreement for the return of the stolen assets and attempted to launder the money through a crypto mixer and blockchain bridges. He is wanted.
2/4/2025 12:58:14 PM (GMT+1)
The U.S. Department of Justice accuses Canadian Andrean Medjedovich of stealing 65 million dollars from the KyberSwap and Indexed Finance crypto protocols and attempting extortion through a fake agreement 💻
27
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
The Cardano Foundation enters into a strategic partnership with SERPRO to implement blockchain technologies in Brazil's public sector and train 8,000 employees
Turkish bank BankPozitif is launching a cryptocurrency custody service in partnership with Taurus, having received a license from the Turkish Securities and Exchange Commission for the safe custody of digital assets
The US has begun returning Chinese cryptocurrency mining machines after their confiscation due to security regulations and trade sanctions against China
Franklin Templeton launches an ETF tracking the price of the cryptocurrency XRP, reflecting the growing interest in digital assets and expanding opportunities for investors
Congressman Brandon Gill proposed a bill to replace Benjamin Franklin with Donald Trump on the $100 bill to recognize his contributions to America
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
Nigeria receives $60 million from confiscated US assets after Tigran Gambaryan’s release, strengthening cooperation in the fight against corruption and financial crimes
